NOW WHAT DID YOU DO

Did you DO something? Make a bad choice? A poor Decision? Surely you did SOMETHING to cause your mutual funds, stocks, or 401K to lose value! As I write this, the market has dropped over 1000 points. Why? Something out of our control happened: the Corona Virus became a pandemic. You didn’t have anything to [...]

The Modernization of American Annuities

The number one reason that people purchase an annuity in the first place is income protection, protection from living too long. Think of it as an insurance to protect you from outliving your assets. It is not uncommon, and it is becoming more common, for people to outlive their retirement funds, people are living longer. For many people, it just makes solid sense. With the purchase of an annuity come contractual benefits known as settlement options.

By |2020-02-14T00:40:46+00:00February 13th, 2020|Annuities, Annuities 101|

Annuities For Women

In a 2011 survey asking Baby Boomer-aged women about their retirement plans and their investible assets, single women had substantially less money saved for retirement than did single men. In addition to less money saved for retirement, a high percentage (86%) of women surveyed planned to retire earlier than men.

By |2020-02-13T00:09:28+00:00February 13th, 2020|Annuities, Retirement Planning|

Concerned About Trusting An Insurance Company With Your Important Retirement Funds?

How safe is your fixed indexed annuity? Should you trust a fixed indexed annuity with your important retirement funds? What happens if an insurance company were to fail? These and other questions are vitally important and the answers may surprise you.

By |2020-02-13T00:10:27+00:00February 12th, 2020|Annuities, Retirement Planning|

The Millennial Generation Could Damage Retirement Planning

Could the Millennial Generation’s retirement create the most significant financial drain in taxpayer history? Everyone knows or has heard of the Millennial generation. As of 2019, the Millennial generation surpassed the Baby Boomers as the largest generation in American history. It’s also known that the Millennials have split into 2 factions: 1. The Driven Professionals [...]

By |2020-02-15T02:35:19+00:00February 11th, 2020|Financial Planning|

US Treasury EE Saving Bonds: Good Idea Or A Stinker Idea?

Buying a US Treasury EE Bond can be a great idea if you want your funds held long term and have no need for the funds prior to their 20 year maturity. EE Bonds offer fixed interest rates for the life of the bond. The maturity period for EE Bonds is 20 years, if you redeem the bond in the first 5 years of ownership, there is a penalty affixed. EE Bonds offer safety, market yield and tax deferred interest compounding.

By |2020-02-12T00:01:38+00:00February 11th, 2020|Bonds|

Brokered CDs, Are They Right For You?

Typically Brokered CDs are long term commitments. A Brokered CD could have a term of 10 or 20 years. The value of the Brokered CD is set for the time duration offered by the bank. But the actual value of the Brokered CD changes daily based on general interest rates available to the consumer. In many ways Brokered CDs are the same as a bond, the bond will pay a specified interest rate for a specified time periods but if the bond is sold prior to maturity, the actual amount received by the bond owner may be higher or lower than the face value.

By |2020-02-07T00:46:36+00:00February 6th, 2020|General Business|

What Does the FDIC Not Guarantee or Insure

We all know that the Federal Deposit Insurance Corporation insures our bank deposits.   They are safe, and they are guaranteed. We, as a nation, depend on these guarantees as to the financial backbone of our monetary system. Have you ever wondered what is not insured? Investments in stocks, bonds, mutual funds, municipal bonds or [...]

By |2020-02-05T23:20:37+00:00February 5th, 2020|General Business|

Clean Out The Junk Drawer Of Your Mind

If you’re like most of us, there’s at least one designated junk drawer in your home. This is the “drawer of no return,” the place for rubber bands, loose batteries, coupons, cables, cords, pennies, nail files, anything and everything without a permanent home. The frustration of a junk drawer, of course, is that it becomes [...]

By |2020-02-04T21:28:30+00:00February 4th, 2020|Financial Planning, Uncategorized|